Sep 16, 2026 · 25 min
Arkle expands Namibia uranium drilling as assays approach
S12 Ep3: Midweek Takeaway featuring Rory Harding, CEO of Arkle Resources plc #ARK
ULG’s pending results will test whether a rapidly defined uranium system can develop into an economically meaningful discovery.
- 1Arkle expanded ULG drilling from 1,500 to 2,712 metres as geological evidence strengthened the target.
- 2The 1.5-kilometre uranium system may extend below 200 metres, with continuity and grade driving its economic case.
- 3Pending Pillar Channel and ULG assays are the next milestones across a licence package that remains lightly tested.
Don't miss
Rory Harding explains why the expanded 2,712-metre programme and pending assays could determine whether ULG’s large footprint has economic continuity.
The brief
Rory Harding, Arkle Resources’ CEO, describes how ULG progressed from geophysical targeting and trenching to drilling, revealing a uranium system about 1.5 kilometres long and 600 metres wide.
The central question is not the surface footprint alone but whether pending assays show the grade, width and continuity needed for an economically meaningful open-pit uranium deposit in Namibia.
Geological observations prompted Arkle to expand drilling from 1,500 to 2,712 metres, while stacked units, reducing boundaries and contacts may control higher-grade mineralization at depth.
The discussion widens beyond ULG to rare earth values, a northern geophysical target, multiple paleochannels and western reconnaissance drilling across a largely untested licence package.
The clearest near-term test is the assay sequence: Pillar Channel results first, followed by ULG drilling results linked to the trenching programme and the project’s next phase.
What was said on this episode
12 statements · 11 positive · 1 neutral
ULG has a uranium-mineralized surface footprint up to 1.5 kilometres long and 700 metres wide.
“the trenching has uncovered a significant footprint there at surface, as you say, about 1.5 kilometers long by 600, 700 meters wide in places that is mineralized with uranium”
Listen at 1:55
ULG units show continuity to approximately 180 metres depth.
“we have shown that we've got continuity of those ULGs down to that depth”
Listen at 3:50
A large uranium tonnage averaging 200 ppm could be commercially viable in Namibia.
“if you could end up with a big um, a big tonnage at 200 ppm, you'd have, you know, you'd have something that was commercial”
Listen at 5:57
Comparable Namibian deposits would target average resource-block grades of a few hundred ppm.
“you'd be looking for, you know, average grades of, of, you know, across a resource block in a deposit style of this nature in Namibia of a couple of hundred ppm”
Listen at 6:33
ULG merits substantial further drilling toward a mineral resource estimate.
“we've got a project of merit that warrants a lot of drilling to try and see if we can get to, uh, you know, an MRE”
Listen at 8:45
Comparable uranium-bearing sheets in the region can extend several hundred metres deep.
“they can run to a few hundred meters”
Listen at 11:21
A paleochannel deposit grading 120 ppm is currently economic at prevailing uranium prices.
“resource grades are of only 120 ppm, but that's economic at the current, um, uranium prices”
Listen at 14:31
Namibia currently has substantial mining activity across uranium, gold, and copper.
“There's loads of activity in Namibia, especially I think in the, you know, not just the uranium sector, but you know, gold and, and copper”
Listen at 15:48
Namibia is a favorable mining jurisdiction with strong infrastructure, workforce, and safety.
“It's a wonderful country to work in. Fantastic, fantastic people, great infrastructure, good human resources, um, very safe.”
Listen at 16:39
The ULG rare-earth association may become economically significant in the future.
“it may be of significant economic significance, um, in the future”
Listen at 19:40
Arkel has a northern-license geophysical target similar in scale to ULG.
“we have a mirror image of this on the northern license of similar scale”
Listen at 20:59
Reaching a mineral resource estimate in 2027 would be a major milestone for Arkel.
“getting to an MRE in 2027 would be a, a huge milestone”
Listen at 23:59
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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